@pendle/sdk-boros 0.0.16 → 0.0.19

package/dist/entities/index.d.ts

@@ -1 +1,2 @@
 export * from './agent';
+export * from './market';

package/dist/entities/index.js

@@ -15,4 +15,5 @@ var __exportStar = (this && this.__exportStar) || function(m, exports) {
 };
 Object.defineProperty(exports, "__esModule", { value: true });
 __exportStar(require("./agent"), exports);
+__exportStar(require("./market"), exports);
 //# sourceMappingURL=index.js.map

package/dist/entities/index.js.map

@@ -1 +1 @@
-{"version":3,"file":"index.js","sourceRoot":"","sources":["../../src/entities/index.ts"],"names":[],"mappings":";;;;;;;;;;;;;;;;AAAA,0CAAwB"}
+{"version":3,"file":"index.js","sourceRoot":"","sources":["../../src/entities/index.ts"],"names":[],"mappings":";;;;;;;;;;;;;;;;AAAA,0CAAwB;AACxB,2CAAyB"}

package/dist/entities/market/index.d.ts

@@ -0,0 +1 @@
+export * from './market';

package/dist/entities/market/index.js

@@ -0,0 +1,18 @@
+"use strict";
+var __createBinding = (this && this.__createBinding) || (Object.create ? (function(o, m, k, k2) {
+    if (k2 === undefined) k2 = k;
+    var desc = Object.getOwnPropertyDescriptor(m, k);
+    if (!desc || ("get" in desc ? !m.__esModule : desc.writable || desc.configurable)) {
+      desc = { enumerable: true, get: function() { return m[k]; } };
+    }
+    Object.defineProperty(o, k2, desc);
+}) : (function(o, m, k, k2) {
+    if (k2 === undefined) k2 = k;
+    o[k2] = m[k];
+}));
+var __exportStar = (this && this.__exportStar) || function(m, exports) {
+    for (var p in m) if (p !== "default" && !Object.prototype.hasOwnProperty.call(exports, p)) __createBinding(exports, m, p);
+};
+Object.defineProperty(exports, "__esModule", { value: true });
+__exportStar(require("./market"), exports);
+//# sourceMappingURL=index.js.map

package/dist/entities/market/index.js.map

@@ -0,0 +1 @@
+{"version":3,"file":"index.js","sourceRoot":"","sources":["../../../src/entities/market/index.ts"],"names":[],"mappings":";;;;;;;;;;;;;;;;AAAA,2CAAyB"}

package/dist/entities/market/market.d.ts

@@ -0,0 +1,23 @@
+import { FixedX18 } from '@pendle/boros-offchain-math';
+export type MarketConfig = {
+    marginFactor: FixedX18;
+    markRate: FixedX18;
+    maxMarginIndexRate: FixedX18;
+    marketExpiry_s: number;
+};
+export type GetOrderSizeByExactInitialMarginParams = {
+    initialMargin: bigint;
+    orderRate: FixedX18;
+    isMarketOrder: boolean;
+    leverage: number;
+} & MarketConfig;
+export type GetInitialMarginByOrderSizeParams = {
+    orderSize: bigint;
+    orderRate: FixedX18;
+    isMarketOrder: boolean;
+    leverage: number;
+} & MarketConfig;
+export declare class Market {
+    static getOrderSizeByExactInitialMargin(params: GetOrderSizeByExactInitialMarginParams): bigint;
+    static getInitialMarginByOrderSize(params: GetInitialMarginByOrderSizeParams): FixedX18;
+}

package/dist/entities/market/market.js

@@ -0,0 +1,44 @@
+"use strict";
+Object.defineProperty(exports, "__esModule", { value: true });
+exports.Market = void 0;
+const boros_offchain_math_1 = require("@pendle/boros-offchain-math");
+const MARKET_ORDER_BUFFER_RATE = boros_offchain_math_1.FixedX18.fromNumber(0.1);
+const SIZE_ORDER_RATE_RATIO = boros_offchain_math_1.FixedX18.fromNumber(0.01);
+const SECONDS_PER_YEARS = 3600 * 24 * 365;
+class Market {
+    static getOrderSizeByExactInitialMargin(params) {
+        const { initialMargin, orderRate, isMarketOrder, leverage, marginFactor, markRate, maxMarginIndexRate, marketExpiry_s, } = params;
+        const timeToMaturity_y = (marketExpiry_s - Math.floor(Date.now() / 1000)) / SECONDS_PER_YEARS;
+        const orderRateWithBuffer = isMarketOrder
+            ? orderRate.mulDown(boros_offchain_math_1.FixedX18.ONE.add(MARKET_ORDER_BUFFER_RATE))
+            : orderRate;
+        const sizeOrderRateRatio = [
+            markRate.mulDown(marginFactor),
+            markRate.mulDown(maxMarginIndexRate),
+            orderRateWithBuffer.divDown(boros_offchain_math_1.FixedX18.fromNumber(leverage)),
+        ].reduce((a, b) => (a.gt(b) ? a : b), boros_offchain_math_1.FixedX18.ZERO);
+        const sizeOrderRateRatioWithBuffer = sizeOrderRateRatio.mulDown(boros_offchain_math_1.FixedX18.ONE.add(SIZE_ORDER_RATE_RATIO));
+        const orderSize = boros_offchain_math_1.FixedX18.mulFraction(initialMargin, [
+            boros_offchain_math_1.FixedX18.ONE,
+            sizeOrderRateRatioWithBuffer.mulUp(boros_offchain_math_1.FixedX18.fromNumber(timeToMaturity_y)),
+        ]);
+        return orderSize;
+    }
+    static getInitialMarginByOrderSize(params) {
+        const { orderSize, orderRate, isMarketOrder, leverage, marginFactor, markRate, maxMarginIndexRate, marketExpiry_s } = params;
+        const timeToMaturity_y = (marketExpiry_s - Math.floor(Date.now() / 1000)) / SECONDS_PER_YEARS;
+        const orderRateWithBuffer = isMarketOrder ? orderRate.mulDown(boros_offchain_math_1.FixedX18.ONE.add(MARKET_ORDER_BUFFER_RATE)) : orderRate;
+        const sizeOrderRateRatio = [
+            markRate.mulDown(marginFactor),
+            markRate.mulDown(maxMarginIndexRate),
+            orderRateWithBuffer.divDown(boros_offchain_math_1.FixedX18.fromNumber(leverage)),
+        ].reduce((a, b) => (a.gt(b) ? a : b), boros_offchain_math_1.FixedX18.ZERO);
+        const initialMarginRateRatioWithBuffer = sizeOrderRateRatio.mulDown(boros_offchain_math_1.FixedX18.ONE.add(SIZE_ORDER_RATE_RATIO));
+        const initialMargin = boros_offchain_math_1.FixedX18.fromRawValue(orderSize)
+            .mulDown(initialMarginRateRatioWithBuffer)
+            .mulDown(boros_offchain_math_1.FixedX18.fromNumber(timeToMaturity_y));
+        return initialMargin;
+    }
+}
+exports.Market = Market;
+//# sourceMappingURL=market.js.map

package/dist/entities/market/market.js.map

@@ -0,0 +1 @@
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package/package.json

@@ -2,7 +2,7 @@
   "name": "@pendle/sdk-boros",
   "description": "Pendle SDK for Boros",
   "license": "MIT",
-  "version": "0.0.16",
+  "version": "0.0.19",
   "main": "dist/index.js",
   "types": "dist/index.d.ts",
   "files": [
@@ -23,6 +23,7 @@
     "typescript": "^5.7.3"
   },
   "dependencies": {
+    "@pendle/boros-offchain-math": "^1.0.1",
     "viem": "^2.22.5"
   },
   "packageManager": "yarn@4.4.0"